We now live in a world where someone created a new financial tool meant to be decentralized, but right at #3 is a centralized token.
BNB hit #3 on market cap, right before ETH and BTC. It replaced Cardano.
BNB is centralized. It is controlled by Binance, the same company that has some of the worst customer support in the industry. Why are we still trusting them? Why is this worth 0.025% transaction fees, or $2 on a $10,000 transaction? They are setting an example that this type of cryptocurrency is completely acceptable in the industry. Recent proof is the crypto.com cryptocurrency.
If you are holding BNB, sell it. There is nothing behind this cryptocurrency besides very, very minimal transaction fee savings and returns. And I promise, there are better ways to get both that are much more ethical.
People have been brainwashed into trusting centralization more, thinking it is more reliable and efficient. BNB is succeeding because of this fear.
Let's keep crypto true to it's purpose, a decentralized way of transferring funds, or accomplishing goals through the people.